New York, New York
on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate
Site Feed
 RSS Feed
|
Jul. 2, 2009
Categorized in: Market Trends
There's a lovely (truly charming) Manhattan loft for sale that has had rather a lot of trouble finding it's correct positioning in The Market. I'd say not for lack of trying, as it has been on the market (on, and off, and on, and ...) for the better part
Jul. 1, 2009
Categorized in: pricing analysis
There is a lovely (anonymous!) Manhattan loft for sale that is almost a One Bed Wonder (haven't talked about one of those for a while). It is rather large, wonderfully renovated in a manner tres chic moderne, and has had a bit of trouble finding The Mar
Jun. 23, 2009
The Manhattan loft #12C at 315 West 36 Street was marketed with some urgency, some big price drops, and all caps (I have taken that annoying formatting off): "major price drop, must sell immediately!!!". Darned if they didn't do it (not "immediately", but
Jun. 22, 2009
The Manhattan loft 5SE at 9 Murray Street was presented to the market in August 2008 (just before Lehman) with grand ambitions and evident motivation: starting at $1.9mm on August 16, 2008; dropped to $1.8mm in five weeks (and to $1,799,999 -- just for fu
Jun. 16, 2009
The Manhattan loft on the 4th floor of 113 Greene Street has sold twice in the last four years, in nice before-and-after fashion. Yes, "before" The Market changed (Lehman, AIG and all that other 'fundamental' stuff), but also "before" it got dressed up fr
Jun. 12, 2009
The Manhattan loft on the 4th floor at 60 West 15 Street was marketed as a masterpiece (to be), with the interesting come-on that "architects and designers are vying to renovate" it. At "3,133 sq ft", there's a lot of work for those architect and designer
Jun. 3, 2009
Categorized in: Market Trends
If you drew a line between the fair market value of the Manhattan loft #8D at 65 West 13 Street (The Greenwich Condominium) from the sale in May 2006 at $2.22mm and the sale in April 2009 at $2.2mm, the line would be essentially straight. But that straigh
Apr. 27, 2009
In the (entirely fictional) Manual of Style for real estate agents, the phrase "museum quality" is used because (I guess) "quadruple mint" just does not zing. (The fact that few people actually want to live in a museum may mean it is used ironically, but
Apr. 23, 2009
Categorized in: Market Trends
Can we agree that the peak of The Market was 1Q08? (Maybe not for very single property, I know, but let's speak generally about that.) Then how to explain this Manhattan loft, newly back to market? It sold in that peak quarter around $1mm and is now back
Apr. 21, 2009
Categorized in: Market Trends
The eight months it took to sell that Manhattan loft straddled the Lehman + AIG + miscellaneous crap = chaos turn of The Market, but it did sell -- around 67% of the original asking price. Now an upstairs neighbor is pushing the envelope a bit, in newly o
Apr. 18, 2009
Categorized in: Market Trends
There's a loft newly offered for sale in a Manhattan Loft Guy fave building (value!) that -- I think -- is taking the right approach to The Market. The 2009 seller was a 2007 buyer, and is starting in The (new) Market at 7% off the market price of The (ol
Apr. 15, 2009
The Manhattan loft #5E at 362 West Broadway was marketed as a true project for real loft lovers ("original loft space"; "bring your architect"; "create your dream home") so you must assume that this "1,100 sq ft" space was not meant to be lived in (by the
Apr. 9, 2009
Categorized in: Market Trends
It is a very tall order to persuade The (cruel, cold) Market that you have doubled the value of a Manhattan loft in a full gut renovation, let alone in a more modest upgrade. Of course, it did not work, as The Market is unpersuaded. So they took a million
Apr. 8, 2009
Categorized in: Market Trends
It was somewhat refreshing to come across a Manhattan loft recently new to market that is priced with The (new) Market in mind. The seller knows exactly what life near the top of The (old) Market was like, as s/he bought it two years ago. The seller is te
Mar. 27, 2009
I just updated my ever-so-popular February 23 post, What's Wrong With These People? agents who speak out of their ... to reflect that the Manhattan loft in question has not sold (or entered into contract), but that the price has been cut 8%. It still has
Mar. 20, 2009
Yesterday's New York Times On Location Home & Garden feature Bringing Light to a New York Loft profiled a Broome Street total renovation ("gutted to its floor joists and beams and totally rebuilt -- with plumbing, electricity and other systems"). The loft
Mar. 12, 2009
This loft was described much more enthusiastically (with more details) than the 6th floor, plus it has many, many more windows (4 exposures) with Empire State and Met Life views -- usually premium items for a Manhattan loft. (StreetEasy has part of the li
Mar. 11, 2009
Categorized in: Market Trends
Soho doesn't much more prime than the location of this new-to-market Manhattan loft that has caught my eye. Nor does a listing description get much more enthusiastic than this one, the relative brevity notwithstanding. The loft is very large, very well ap
Feb. 27, 2009
What if you bought a Manhattan loft with not much light and low ceilings, and put a ton of money into it -- really jazzing it up in decidedly not neutral tones -- then decided to sell within 3 years of purchase? How confident would you be of recovering yo
Feb. 26, 2009
There's a Manhattan loft newly for sale that is asking about $1,300/ft and is described as newly renovated. The prose is rather muted for a renovation (the kitchen, for example, is only described by its size). I really wonder what the renovation cost. The
Previous Page | Next Page
Jump to page: 1 2 3 4 5 6 7
|
Submit Feedback
Member Login
Blogs Homepage
Featured Entries
Recent Entries
Recent Comments
Tags
My Starred Entries
Create A Blog
Member Login
Join RealTown
Request Password
RealTown RSS Feed